Kohn Bernhard L III 4
Accession 0001628280-26-003337
Filed
Jan 22, 7:00 PM ET
Accepted
Jan 23, 5:45 PM ET
Size
11.0 KB
Accession
0001628280-26-003337
Research Summary
AI-generated summary of this filing
Playboy (PLBY) CEO Bernhard Kohn Receives Award; Shares Withheld
What Happened
Bernhard L. Kohn III, CEO, President and Director of Playboy, had shares withheld to satisfy tax withholding obligations when restricted stock units (RSUs) vested. On Jan 21, 2026 the issuer withheld 408,901 shares at $1.92 ($785,090) and on Jan 22, 2026 it withheld 102,120 shares at $1.92 ($196,070), a combined 511,021 shares worth about $981,160. These transactions represent share-withholdings for taxes related to RSU settlement — not open-market sales.
Key Details
- Transaction dates/prices: Jan 21, 2026 — 408,901 shares withheld @ $1.92; Jan 22, 2026 — 102,120 shares withheld @ $1.92.
- Total withheld: 511,021 shares; total value ≈ $981,160.
- Transaction code: F — shares withheld to satisfy tax withholding on net issuance from vested RSUs (cashless withholding).
- Footnotes: F1 and F2 confirm these were withholding transactions and not sales. F3–F5 note certain shares are held in entities/trusts (Cold Springs Trust, Woodburn Dr LP, Bircoll Kohn Family Trust) for which Mr. Kohn disclaims beneficial ownership except to the extent of pecuniary interest.
- Filing: Reported Jan 23, 2026 covering transactions on Jan 21–22, 2026 — filed within the typical 2-business-day Form 4 window.
Context
This was a tax-withholding event tied to RSU vesting (a common cashless settlement): the company retained shares to cover tax, rather than Mr. Kohn selling shares on the open market. Such withholdings are administrative and do not necessarily indicate a change in insider sentiment.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-01-21$1.92/sh−408,901$785,090→ 3,937,114 total - Tax Payment
Common Stock
[F2]2026-01-22$1.92/sh−102,120$196,070→ 3,834,994 total
- 75,361(indirect: By Trust)
Common Stock
[F3] - 445,309(indirect: by Woodburn Dr LP)
Common Stock
[F4] - 50,000(indirect: By Trust)
Common Stock
[F5]
Footnotes (5)
- [F1]Represents shares of Issuer common stock withheld by the Issuer solely to satisfy tax withholding obligations in connection with the net issuance of shares of Issuer common stock delivered to the Reporting Person on January 21, 2026, from the vesting of restricted stock units, and does not a represent a sale by the Reporting Person. This Form 4 relates solely to the withholding of shares in connection with the settlement of previously granted and reported vested restricted stock units. No shares were sold by the Reporting Person.
- [F2]Represents shares of Issuer common stock withheld by the Issuer solely to satisfy tax withholding obligations in connection with the net issuance of shares of Issuer common stock delivered to the Reporting Person on January 22, 2026, from the vesting of restricted stock units, and does not a represent a sale by the Reporting Person. This Form 4 relates solely to the withholding of shares in connection with the settlement of previously granted and reported vested restricted stock units. No shares were sold by the Reporting Person.
- [F3]Represents shares of common stock held directly by Cold Springs Trust, of which Mr. Kohn is a beneficiary. Mr. Kohn disclaims beneficial ownership of the shares owned by Cold Springs Trust, except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purpose of Section 16 or for any other purpose.
- [F4]Represents securities held directly by Woodburn Dr LP, an entity controlled by Mr. Kohn. Mr. Kohn disclaims beneficial ownership of the shares owned by Woodburn Dr LP, except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purpose of Section 16 or for any other purpose.
- [F5]Represents securities held directly by Bircoll Kohn Family Trust, for which Mr. Kohn is a trustee and a controlling person. Mr. Kohn disclaims beneficial ownership of the shares owned by Bircoll Kohn Family Trust, except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purpose of Section 16 or for any other purpose.
Signature
Documents
Issuer
Playboy, Inc.
CIK 0001803914
Related Parties
1- filerCIK 0001844121
Filing Metadata
- Form type
- 4
- Filed
- Jan 22, 7:00 PM ET
- Accepted
- Jan 23, 5:45 PM ET
- Size
- 11.0 KB